ENVIRONMENTAL ECONOMICS AND POLICY
An advanced treatment of environmental economics, focusing on the conceptual and empirical methods that economists use to analyze issues related to the environment. Topics include environmental market failures, the efficient level of pollution, the design of environmental policy, measuring the demand for environmental quality, and distributional issues related to pollution. Specific problems such as air and water pollution and climate change will be discussed in both domestic and international contexts. Gain a set of tools to rigorously evaluate a range of real-world environmental problems through the lens of economics.
Topics
- environmental market failures
- the efficient level of pollution
- the design of environmental policy
- measuring the demand for environmental quality
- and distributional issues related to pollution
Topics explicitly listed in official catalogue description
Prerequisites & course information
Requisites: ECON 301 and ( STAT 301 , 371 , ECON 310 , SOC/C&E SOC 360 , PSYCH 210 , or GEN BUS 307 ), or graduate/professional standing Course Designation: Core GenEd - Social & Behavioral Science Breadth - Social Science Level - Advanced L&S Credit - L&S Liberal Arts and Science Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Learning Outcomes: 1. Describe how pollution causes markets to fail to deliver economically efficient outcomes. Audience: Both Grad & Undergrad 2. Explore the benefits and costs of proposed environmental policies. Audience: Both Grad & Undergrad 3. Evaluate readings on topics in environmental economics and policy. Audience: Both Grad & Undergrad 4. Assess the range of policy tools used to regulate pollution using efficiency and equity criteria. Audience: Both Grad & Undergrad 5. Apply revealed and stated preference nonmarket valuation techniques to measure the demand for environmental quality. Audience: Both Grad & Undergrad 6. Construct policy recommendations for specific environmental issues in an area of interest. Audience: Graduate Learning Outcomes: 1. Describe how pollution causes markets to fail to deliver economically efficient outcomes. Audience: Both Grad & Undergrad 2. Explore the benefits and costs of proposed environmental policies. Audience: Both Grad & Undergrad 3. Evaluate readings on topics in environmental economics and policy. Audience: Both Grad & Undergrad 4. Assess the range of policy tools used to regulate pollution using efficiency and equity criteria. Audience: Both Grad & Undergrad 5. Apply revealed and stated preference nonmarket valuation techniques to measure the demand for environmental quality. Audience: Both Grad & Undergrad 6. Construct policy recommendations for specific environmental issues in an area of interest. Audience: Graduate
Sources
- Course catalogue ↗2026-2027